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5ema

Order Type

MARKET

Position Type

SELL

Time Frame

5min

Entry Conditions

Prev N(Low,-1,5min) higher than EMA(close, 5, -1) and Nth candle(Low,5min,0) crosses below EMA(close, 5, 0)

SELL 1000 shares when Prev N(Low,-1,5min) higher than EMA(close, 5, -1) and Nth candle(Low,5min,0) crosses below EMA(close, 5, 0) at 5 minutes candle interval using Candlestick chart. Enter trade between 00:00 to 23:59

Exit Conditions

Nth candle(High,5min,1) crosses above Nth candle(Low,5min,-1)

BUY 1000 shares when Nth candle(High,5min,1) crosses above Nth candle(Low,5min,-1) or at stop loss of 5% or target profit of 4% at 5 minutes candle interval using Candlestick chart.

Stop Loss

5

Target Profit

4

Stocks

  • NSE

    SBIN